Week 1: Globalization and Work

Question 1

What are the benefits of transportation technologies? Examples.

Answer 1

Trips that would take days or weeks via ships/railways take hours with highways/planes/high speed trains

Question 2

What is the role of digitized information?

Answer 2

Electronic media also a system of technology that helps trade and commerce on a global scale
Allows government and others to buy and sell between other countries to issue government bonds
Arrange for distribution of goods

Question 3

What is the role of the telegraph?

Answer 3

Mid 19th century
Message could be sent and received
Convert text to dots

Question 4

What is the role of the shipping container?

Answer 4

Intermodal transportation
A bunch of containers loaded on trains, ships, trucks, etc.
Container itself speeded up transportation
Before these existed, they needed to break bulk, meaning you produce something in a factor, load to trucks, trains,
Had to be unloaded and loaded between each mode of transportation
Expensive, labour time, lots of employment, etc.